Vipshop Holdings Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	40,443	48,036	42,812	46,693	44,003	31,711
Market Cap Growth	-19.40%	12.20%	-8.31%	6.11%	38.76%	-67.93%
Enterprise Value	26,296	33,648	28,848	35,812	33,137	21,291
Last Close Price	40.98	53.60	39.78	38.39	34.38	-
PE Ratio	7.09	8.42	6.53	8.41	9.11	7.72
PS Ratio	0.48	0.58	0.47	0.61	0.56	0.31
PB Ratio	1.16	1.37	1.22	1.77	1.69	1.07
P/TBV Ratio	1.74	2.07	1.79	2.65	2.39	1.44
P/FCF Ratio	-	-	7.89	5.57	7.10	9.01
P/OCF Ratio	-	-	5.54	4.73	5.46	5.36
EV/Sales Ratio	0.33	0.40	0.31	0.46	0.42	0.21
EV/EBITDA Ratio	3.39	4.47	3.27	5.03	5.76	3.69
EV/EBIT Ratio	4.16	5.25	3.79	5.75	6.90	4.43
EV/FCF Ratio	-	-	5.32	4.27	5.35	6.05
Debt / Equity Ratio	0.14	0.14	0.08	0.06	0.11	0.10
Debt / EBITDA Ratio	0.64	0.64	0.30	0.22	0.49	0.50
Debt / FCF Ratio	-	-	0.51	0.20	0.47	0.84
Net Debt / Equity Ratio	-0.50	-0.50	-0.60	-0.66	-0.60	-0.56
Net Debt / EBITDA Ratio	-2.33	-2.33	-2.40	-2.45	-2.71	-2.89
Net Debt / FCF Ratio	-	-	-3.91	-2.08	-2.52	-4.74
Asset Turnover	1.38	1.38	1.47	1.64	1.62	1.93
Inventory Turnover	15.52	15.52	14.57	14.50	12.34	12.12
Quick Ratio	1.08	1.08	1.02	0.97	0.91	0.92
Current Ratio	1.28	1.28	1.26	1.23	1.18	1.27
Return on Equity (ROE)	17.23%	17.23%	19.57%	22.58%	18.59%	14.85%
Return on Assets (ROA)	6.61%	6.61%	7.63%	8.25%	6.13%	5.64%
Return on Invested Capital (ROIC)	29.80%	33.87%	46.95%	55.41%	34.41%	31.67%
Return on Capital Employed (ROCE)	17.00%	17.00%	20.00%	21.80%	17.00%	15.00%
Earnings Yield	14.10%	11.87%	15.32%	11.89%	10.97%	12.95%
FCF Yield	-	-	12.68%	17.95%	14.09%	11.10%
Dividend Yield	3.07%	6.37%	7.46%	5.44%	-	-
Payout Ratio	-	-	21.77%	-	-	-
Buyback Yield / Dilution	5.07%	5.07%	4.17%	12.18%	7.63%	-0.51%
Total Shareholder Return	8.15%	11.44%	11.64%	17.61%	7.63%	-0.51%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.